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DiamondCorp raises more money for Lace

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Fund raisings by Firestone Diamonds and now DiamondCorp indicate investor sentiment towards the diamond mining sector is improving, which is good news for DiamondCorp.

Nkwe shrugs off non-disclosure claims

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Nkwe Platinum has dismissed suggestions that the group has been less than frank with shareholders over the legal disputes and administrative uncertainties it faces.

Xstrata capex up 50%

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Xstrata plans to increase spending on new mines by about 50% next year to $6.8bn as the mining group keeps its main focus on organic growth rather than acquisitions.

Aurora: scores of illegal miners nabbed

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Hundreds of illegal miners have been arrested at the Aurora Grootvlei Mine in Springs, police say.

Silver to stay one up on gold

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As silver climbs above $30 an ounce for the first time since 1980, traders and analysts are cautiously bullish about its ability to keep outperforming gold.

Wescoal granted Vlaklaagte right

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Wescoal Holdings says its subsidiary Wescoal Exploration has been awarded a new order prospecting right over certain portions of the farm Vlaklaagte 330JS.

Union warns over Simmers job losses

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Trade union Solidarity warns it will not tolerate retrenchments due to the takeover of Simmer & Jack by Village Main Reef Gold Mining.

Platfields to list on JSE

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Platfields Limited is to proceed with its listing on the JSE and is looking for R200m to push ahead with two platinum projects and a gold exploration plan.

RBPlat proceeds with R1.3bn capex plan

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Royal Bafokeng Platinum has approved an expansion project for the group's North Shaft Merensky Phase III project at the Bafokeng Rasimone Platinum Mine.

Keaton granted debt facility for Vanggatfontein

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Keaton Energy says it has successfully secured a credit-approved offer of R255m in project finance to complete its Vanggatfontein coal mining project near Delmas.